The failure of the congressional super committee triggers a 2% across the board cut to Medicare. This is just the beginning of what is likely to happen to Medicare services as Congress attempts to balance the nation's budget.. This, of course, will lead to fewer MDs and hospitals accepting Medicare patients. It will also most likely lead to raising co-pays, premiums, and private insurance costs for beneficiaries of Medicare's fee-for-service system.
Government health care services are being systematically reduced and private insurance companies stand to gain billions of additional profits. Occupy Wall Street is the public's outcry that this is completely unacceptable. It is possible that a revolution will develop and lead to fewer disparaties in health care services. However, without coupling this with a massive social transformation and development of a prevention based health care system, changes will likely be short-lived.
